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EV maker BYD launches new, ultrafast charging system

Fast Company Tech

China’s energy and auto giant BYD has announced an ultrafast EV charging system that it says is nearly as quick as a fill up at the pumps. The company also said that its flash-charging system relies on silicon carbide power chips with voltage levels of up to 1,500V that it developed on its own.

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Xiaomi working on improved lithium-ion batteries for future smartphones

TechSpot

Earlier this year, an MIT study revealed the price of lithium-ion batteries has fallen by more than 97 percent since their commercial introduction in 1991. This dramatic decrease in cost has been a boon for the mobile and electric car industries, and has also made residential solar power systems more.

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Researchers show off AI-powered warning system for lithium-ion battery fires

TechSpot

Wai Cheong "Andy" Tam, one of the researchers on the NIST team, was watching videos of exploding batteries and noticed that right before they caught fire, a distinct "click-hiss" sound could be heard. Read Entire Article

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DuPont and VCs see lithium mining as a critical investment for the electric future

TechCrunch

One of the key target resources is lithium, a critical component for smartphones, electric vehicle batteries and nearly every other electric tool of modern convenience and industrial import. Other solutions to the lithium problem are attracting investor attention, too.

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CATL to report record profit in 2024 despite revenue decline amid lithium price slump

TechNode

Why it matters: Despite this, CATL warned it might end the year with a revenue decline for the first time since it started releasing its financial figures in 2015, due to the lithium price squeeze that has been shaking up the industry since hitting its peak in late 2022.

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Apple will use Tesla’s ‘megapack’ batteries at its California solar farm

The Verge

It will consist of 85 Tesla lithium-ion “megapacks” and be used to help power the company’s corporate headquarters in Cupertino. Tesla first announced the megapack battery system back in 2019. While Apple uses lithium-ion batteries in many of its products, it’s not known to be working on any grid-scale projects.

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The most innovative companies in automotive for 2025

Fast Company Tech

Waymo also unveiled its Generation 6 automated driving system, an enhanced-technology suite designed handle tougher weather conditions. The Warren Buffett-backed Chinese company shifted to building cars nearly two decades ago, applying its expertise in producing lithium iron phosphate (LFP) batteries to develop reliable, sub-$35,000 EVs.